Amazon is big, but I don't think they're big enough to take on Time Warner in a fight.
Admittedly this is a crude metric, but Amazon's market cap [1] is about 3x that of Time Warner [2].
[1] https://www.google.com/finance?q=NASDAQ%3AAMZN&ei=wWeYU_CtKs... [2] https://www.google.com/finance?q=NYSE%3ATWX&ei=sWeYU_CkLcea6...